Key Highlights:
Did you know that? The beauty products and cosmetics industry has a lot of business potential. There is a huge demand for cosmetics and skin care products worldwide, and many entrepreneurs wish to export cosmetics and beauty products from India. According to data on beauty products exported from India, the country's worth of $1.8 billion of exports in 2022 included essential oils, soap and toiletries, and cosmetics.
However, managing the complexities of international trade necessitates careful planning and a deep comprehension of the market data. You've come to the best place if you're thinking about beginning a cosmetic export business. Here at Eximpedia.app, you can obtain the actual cosmetic product export statistics with a comprehensive guide to cosmetics export from India.
So, what will the scenario of the cosmetic industry be in 2024?
Yes, there is growth in the Indian beauty industry. India's growing disposable income and youth awareness of their prospects and general well-being are driving forces behind the country's beauty and wellness sectors.
In addition, the growing number of working women increasing their spending on beauty services is driving up demand for these services.
However, commencing a cosmetic business in India provides several opportunities for traders worldwide, but it requires careful planning and a deep understanding of the beauty industry. For deep market insights like cosmetics export from India or organic beauty products in India reports, we recommend you explore Eximpedia’s data-driven dashboard.
Because so many products are available and there is a growing awareness of beauty, the cosmetics market is popular among young people, particularly women and girls.
With the rise of multiple social media platforms like Facebook and Instagram, people are always interested in cosmetic items and related beauty products.
Additionally, due to the growing interest in natural and organic ingredients, there is an increasing market for skincare products such as body scrubs, toners, serums, and face masks.
With a projected value of USD 109.71 billion in 2023, the global skincare market is expected to grow at a compound annual growth rate (CAGR) of 6.68% from USD 115.65 billion in 2024 to USD 194.05 billion by 2032.
The beauty market's skincare, fragrance, cosmetics, and haircare sectors generated approximately $430 billion in sales in 2022. In 2023, Asia Pacific held a 51.69% market share, leading the skin care industry.
Leading market research firm IMARC Group has published a report named "India Cosmetics Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028." The size of the Indian cosmetics industry is anticipated to increase by 6.78% between 2023 and 2028.
Based on cosmetics export data, the aggregate export value of cosmetics and other personal care items like soap and essential oils was approximately USD 2.9 billion in FY 2022.
The United Nations Comtrade database estimates that the value of beauty products exported worldwide in 2022 was $62.7 billion.
As per beauty products export data, the export value of cosmetics, soap, toiletries, and essential oils from India amounted to nearly 2.9 billion U.S. dollars in the financial year 2022. This represented a considerable increase compared to the preceding fiscal year, 2021.
|
Region |
Export Share (%) |
|
Asia-Pacific |
40.9 |
|
Europe |
29.2 |
|
North America |
20.1 |
Asia-Pacific was the biggest regional export market for cosmetics in 2022, accounting for 40.9% of global exports. Europe was the second-biggest regional export market, accounting for 29.2% of all exports worldwide. According to cosmetic product export data, North America ranked as the third-largest regional export market, accounting for 20.1% of all exports globally. To know the exact and accurate statistics on cosmetics export from India, explore our dashboard.
Top cosmetics products exported from India
The following is a list of the top cosmetic products that India exports, ranging from beauty products to essential oils:
|
Beauty products exports from India |
Examples |
|
Skincare Products |
Creams, serums, sunscreens, lotions, medicated ointments |
|
Beauty and Personal Care Products |
Soaps, cleansers, oils, scrubs |
|
Haircare Products |
Shampoo, gel, conditioner, oil |
|
Oral Care Items |
Mouthwash, toothpaste, and mouth fresheners |
|
Makeup |
Nail paints, lipstick, lip gloss, hair color, bleaches |
The table, which is divided into categories such as skincare, makeup, haircare, oral hygiene, and beauty and personal care, lists the top cosmetic products exported from India. Also, India plays a major role in the global beauty market, as evidenced by the wide range of cosmetic products it produces and exports.
However, if you are new in the cosmetics and beauty products industry and looking for top cosmetics products, cosmetic exporters in India, or insights on cosmetics export from India, visit our exclusive platform.
Here is the list of top cosmetic and beauty products globally.
|
Top Rank |
Cosmetic export countries |
Cosmetic export data (Export Values) |
|
1 |
United States |
$17.8 billion |
|
2 |
China |
$14 billion |
|
3 |
Germany |
$8.42 billion |
|
4 |
United Kingdom |
$6.7 billion |
|
5 |
France |
$6.13 billion |
So, these are the main nations that export cosmetics, with the US being the market leader for cosmetics and beauty goods. Also, if you want updated data on beauty products exported from India or cosmetic exporters in India, connect to Eximpedia today.
Below is the list of top cosmetic and beauty product exporters in India.
The global cosmetics industry faces significant challenges due to the prevalence of counterfeit goods and the need for proper export-import data. Obtaining the relevant beauty product export data or a list of cosmetic export from India, cosmetic exporters in India from the market research platform is advisable.
One of the leading market research platforms is Eximpedia.app, where you can obtain the HSN codes list of beauty and cosmetic products.
Eximpedia also provides export and import data and reliable, current, and authentic information about global trade for 130+ countries. Along with this, we also offer export-import data and an updated Indian importer list.
Final Words!
Thus, you can prepare to export cosmetics from India after obtaining the required paperwork for your goods, doing proper market research, and deciding on the destination area.
Beauty sourcing will continue to support the Indian cosmetics industry by fostering a dynamic environment of cooperation and creativity. Together, let us take advantage of India's beauty market's opportunities and clear the way for a more prosperous and glittering future for the cosmetics sector. However, if you have any queries related to cosmetics export from India or need updated cosmetic export data, don’t hesitate to visit our data-driven platform. Schedule a free live demo today.
Yes, you can export cosmetics from India, but you need to gain some mandatory documents, such as an export license, product certifications, an IEC code, and an MSDS certificate. Also, you need to obtain insights on beauty products exported from India, etc.
The top beauty products exported from India are: skincare products, beauty and personal care products, haircare products, oral care items, and makeup products.
As per cosmetics export data, the major cosmetics exporting countries are: United States, China, Germany, the United Kingdom, and France.
Yes, you need a license to sell cosmetics in India. Obtaining a license for cosmetic manufacturing and importation is essential for anyone involved in the cosmetic business.s. The cosmetic registration is regulated by the Drugs and Cosmetics Act, 1940 ('Act') and the Drugs and Cosmetic Rules, 1945 ('Rules').
The following ingredients are prohibited from being used in cosmetics that are unsafe, harmful, or that are imported:
Cosmetics export from India to the USA
Cosmetics export from India to UAE
Cosmetics export from India to the Netherlands
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